Hong Kong lures wealthy elites and family offices with tax cuts

Revamped migration scheme also planned as city hosts 'Wealth for Good' summit

20230324 Hong Kong Skyline

Hong Kong's reputation as an international finance hub was battered by Beijing's crackdown on dissent and years of punishing COVID-19 curbs that isolated the city. © AFP/Jiji

PAK YIU, Nikkei staff writer

HONG KONG -- Hong Kong says it will move to cut taxes for family offices as part of a strategy to bolster its status as an international wealth management hub.

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